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with the elephant in the room being the affordable care act, the so-called obama care. this data comes in as this act continues to take effect as well as take shape. among the goals is to bend the cost curve, but at least initially seems like that cost curve is getting steeper. >> i think one of the things to keein mind is thatthe affordable care act, most of the provisions come into play in 2014. >> tom: so lots of years to go there. we do have to note that you're talking to us despite the fact you're feeling under the weather yourself so, we'll let you go see the doctor tonight. david newman works the health care cost institute. >> tom: all this week, we've been looking at the view of the presidential election, from the trading pits. tonight "politics and the pits" takes us to gold. here's erika miller with trader anthony neglia. >> what happened to the price of gold if obama is reelected. >> if obama remains in office i believe a throft same policys will be put in place, interest rates will remain low until 2016, and i meef that the quantitative easing is going to have to play a lar
this economy is enacting extreme austerity, and this debate is relevant whether it's obama or romney. is austerity actually denting growth, is it creating more problems than it solves. let me give you one example. we have a sales tax in this country that has been raised from 16% to 18% to 21%. that has created a slight inflation issue. now, pensions are inflation linked. and this country in november has to increase pension abouts by inflation. so by raising 2.5 billion euro v.a.t., it will cost them 3.5 billion euro misincreased pension costs. so you can see the conundrum. they're enacting enormous amounts of austerity, but that's denting an economy which is already in recession. its second since 2008. and things are getting worse. 25% unemployment, a million up sold homes. and we haven't even talked about the banking crisis and the autonomous region, some of which including catalonia are looking trying to get some form of assembly. it is a toxic mix. >> imagine that there will be pressure on markets as this they think unfolds. we're also counting down to the wire here of course in t
. but pointless, really. going to lose to the reds one way or another. >>> both president obama and mitt romney will be in ohio today. the story behind that swing state. >>> welcome back. take a look and you'll see that the dow futures are slightly higher. s&p futures up by close to two and a half. this comes after the market ended on its weakest levels of the day yesterday. yesterday was the worst day for the month of september for the dow. it was the worst day in two months for the nasdaq and it was the worst day in three months for the s&p 500. all of that kind of playing out overseas as well. in europe this morning, you are going to see some red arrows. a lot of concern about what's happening as protests pick up in spain, and you see more concerns coming in greece right now about austerity measures. the german dax is down by about 1.5%. the nikkei in japan was down by 2%. >>> in "sporting news," the atlanta braves are on their way to the postseason in. the boft the ninth against the marlins last night, freddy freeman connected and takes it to straight center for a walk-off homer. exciting.
. president obama for mitt romney. some new data out. most people have made up their minds. 15% could be convinced to choose somebody else. that seems kind of hype. first, here are some currencies. look how they are shaping up against the dollar today. ♪ follow the wings. ♪ >> @23 minutes past the hour i have good news minute. at least 14 people are dead after a bombing attack in afghanistan. thirty-seven for her to the attack. a new report finds dozens of weapons connected to the bathroom. and it gone rubbing fetish they were linked to murders, kidnappings and other drug cartels. your seafood may be shrinking over the next few decades. researchers at the university of british columbia faced global warming will reduce the size of 600 species of fish. warmer oceans will reduce the amount of oxygen in the water. those are your news headlines on the fox business network. dagen: thank you so much. the supreme court is back in session. first on the agenda, a human right case revolving around a ball around 1789. connell: peter barnes covered that. >> argument ending for this first case.
talked and the fact that obama is leading in the polls and the market has to consider the fact that aggressive rises in capital gains tax. that may be a fact. at what point will people sell anticipation of that, do you think? >> i think they are nervously watching and they bought into the qe thing assuming that the gridlock will continue and perhaps from the presidential polls to the presidential election polls. and if there is still not complete control by any one party, the deadlock will continue and the market will be mollified with that. >> you mentioned what you would do if you were at the sidelines at this point in time and "the wall street journal" article was interesting, sort of implying that fund managers were up and will actually sell. the vast majority of mutual fund managers and hedge funds are underperforming their marks. do you think this is going to be a force in the market, as "the wall street journal" wants to make it? it seems to me that the moneying managers outperforming are in such a minority that even if they went to the sidelines -- >> we've seen it. we'
-span.org. president obama will make remarks at this conference at the 12:10 eastern and you will see it live on c-span. retired generals and admirals discuss the impact of childhood obesity on national security. we will hear about a report on improving the quality of food sold in schools to complement the efforts by parents to teach kids to eat healthy meals and snacks. it is hosted by mission readiness and begins live at noon eastern. this afternoon former secretary of state colin powell talked about the arabs spring and the role of the u.s. in europe enjoyed by foreign made a general secretary xavier salona live at 3:15 on c-span2. >> i watch c-span every time there's a special event going on. i pay attention to c-span the most. any time something is going on i want to watch c-span because they have the best and most unbiased view. if i want a circle spin i watch the other programs. i watch c-span tv on line or if i want to know what is happening i turn to c-span. i don't know that i have a favorite show. for me it is always anytime i need to know what is going on i know c-span will have the re
beginning to president obama. i hear they're not doing that, but they are diverting money that was promised to mitt romney and diverting it to these house and senate races where they think they can help republicans keep the house and maybe pick up seats in the senate, maybe take the senate. ashley: so they're losing heart in the campaign. >> reporter: clearly there is a trend out there where they are, and the money is starting to shift. now, this trend is lot of people -- these same people that i'm talking to, i will say these are major fundraisers for mitt romney, and they raise for other people, republicans, and not only that, they are pretty tight inside the campaign. what they're saying is they think this trend could be reversed. what could reverse this trend? a really good debate performance. what could expedite -- and that debate, as you know, comes wednesday. what could expedite this trend? a really lousy debate performance. ashley: no pressure. >> reporter: you're clearly going to see republican donors, at least they have the sentiment, they've expressed the sentiment that they are
if it was president obama gets re-elected, then at the high end you'll see the bush tax cuts not extended for the high end. and then -- but if romney wins it, you would see them all extended. is there one that would have a better outcome in your view? >> you know, i think there's a -- there's a tension between two different things here. on the one hand, there's a sense that in the very near term with a weak overall economic performance continuing that raising levels of taxes wherever in the distribution may have some negative effects on economic growth. and then there's a harder long-term question, frankly, which is how tax rates on capital gains, on dividends which feed through a somewhat complicated channel by encouraging various kinds of saving activity and ultimately lowering the cost of capital to businesses and encouraging investment, how that translates into long-term economic growth. that is frankly a difficult chain to try to measure in any precise way, and consequently it's harder to be able to trace through the quantitative impacts on growth to follow through on channels for that. >> to fol
, an obama victory or a romney victory? >> i think it is either president is going get elected i think the market will react the same way. i think the market will still move higher because what we have seen is the economic data that has been coming out of washington has supported this rally that we've seen. job numbers are getting better. housing numbers are getting better. not at the speed in which everybody would like to see it but yes, things are getting better. >> even after the election we still have the overhang of the fiscal cliff. how are traders viewing that threat. >> that's scary it is a date on the calendar that keeps getting pushed but we know is out there and something like that is going to come. but as time gets pushed out there are some really big dark clouds that are there and i think investors will have to figure out who they think is going to be best to get us through there. do you take the-- incumbent president who has been sitting there and part of these issues and part of the solutions that are there, or dow take the wall street type of guy who might be able to co
that president obama clarified his stance recognizing the institution of marriage as being possible and should be legal between a map -- man and a man and woman of a woman. i would let state legislatures, baa the rules and relations about marriage have been state policy, i would let state legislatures make the decision about whether they would accord that legal protection to a same-sex -- >> you're not prepares -- >> no -- >> you're not prepared -- >> let me finish. i would be fine if that di it, labeled it marriage, civil union, or domestic partnership. are people trited the same and given the same legal rights and responsibilities, i think legal equality should be the policy. >> governor, a minute and a half. >> well, i believe marriage should be between one man and one woman, and that's the definition i've supported. i don't believe in discrimination against people on account of their sexual preference. as governor, that was our order for state government, how i operated the senate office as well. i look at people's capabilities, their skills, their willingness to be effective in advancing
. something for candidates romney and obama in today's data. you can imagine romney pounding on the weak growth and obama saying hey, 286,000 more jobs out there and there's also something for bulls and bears but not much anybody from a sober analysis this remains a weak growth economy. melissa? >> thank you very much, steve liesman. >>> and from the u.s. to spain, let's head across the atlantic for more on spain's budget as the country hopes to avoid a bailout. steve sedgwick joins us live with the very latest. steve. >> reporter: yeah, thanks very much, indeed. we just heard literally in the last 20 minutes or so that the press conference, the announcement about this austerity that we've been waiting for all day will now get the conference in around about an hour's time. so all should be revealed about what rajoy intends to do. in the next stage of austerity. because i think the next stage because there's already been at least four bouts of austerity from this government since it came in in december last year. the last was a 2012 budget which we got 64 billion euros worth of austerity
Search Results 0 to 19 of about 20 (some duplicates have been removed)

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